Asia Credit
Indonesia's $12bn stimulus play
The coordination between the Finance Ministry and the presidency signals tighter executive cohesion under President Prabowo’s leadership, contrasting with the cautious fiscal stance of prior administrations.
Indian bank deposits to grow steadily in FY26 amid liquidity boost
Deposit growth at Indian banks is projected to remain adequate in FY2025-26, supported by an improved liquidity environment and regulatory measures that are expected to sustain credit expansion of 11–12%
India is not looking to dethrone the US dollar
The Reserve Bank of India, is reducing its US dollar exposure, repatriating gold from overseas vaults, and strengthening domestic control of its bullion reserves.
Why India tops the World Bank debtors list in 2025
Through decades of external borrowing, fiscal crises and ambitious development programmes, India has emerged as a case study of both regional vulnerability and the complex promise of sustainable growth.
World Bank seems to be having second thoughts about Tajikistan’s Rogun Dam
Ball now in Dushanbe’s court to justify high cost.
Kenya asks China’s approval to convert dollar-denominated $5bn railway loan into yuan
Apart from lobbying Beijing to convert the loan into yuan, Kenya hopes to generate $4bn by securitising a levy on imports to finance a planned extension of the China-built standard gauge railway (SGR).